Wednesday
August 20
2025

54 Collective, Formerly Founders Factory Africa, Shuts Down Venture Studio Amid Mastercard Foundation Dispute

Founders Factory, which originally launched in London in 2015, launched African operations in Johannesburg in 2018. The company brought its model to Africa in partnership with Standard Bank, and subsequently secured backing from Netcare to provide a platform for entrepreneurs to build and scale e-health startups across Africa and Small Foundation to invest in agri-tech.

Photo courtesy of 4657743

Source: Disrupt Africa (link opens in a new window)

Categories
Investing
Tags
agtech, business development, healthcare technology, NGOs, partnerships, scale, startups, venture capital